“To create a better everyday life for the many people”, this is the IKEA vision. Our business idea is “to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”.

We work hard to achieve quality at affordable prices for our customers through optimising our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better everyday for all people impacted by our business.

Find out how we work at the IKEA Group and learn all about our value chain.

“To create a better everyday life for the many people”, this is the IKEA vision. The main financial principle of the IKEA Group is to grow by using our own resources. In other words, we earn our money before we spend it. This makes it possible for us to make long-term investments for the future.

The IKEA vision is the foundation for our growth. We want to make sure that IKEA is accessible, so that more people can create a better everyday life at home. We re-invest a majority of our profits in existing and new IKEA stores, as well as in product development, sustainable solutions and by continuously lowering prices to our customers.

Total sales translated into Euro increased by 11.2% compared with FY14, to €31.9 billion.

14.8

FY05

Billions of Euros

FY14

FY15

28.7

31.9

1.9 billion visits to IKEA.com

IKEA.com had 1.9 billion visits during FY15, up 21% from FY14.

9,500 Products

The IKEA range consists of approximately 9,500 products. Every year we renew and refresh our range with around 2,000 products. We have 20 in-house designers and approximately 200 external designers via contracts.

IKEA Group has operations in 43 countries

Excluding our stores, at the end of FY15 we had 27 Trading Service Offices in 23 countries, 33 Distri­bution Centres and 15 Customer Distribution Centres in 17 coun­tries, and 43 IKEA Industry pro­duction units in 11 countries.

771 million store visits

In FY15, IKEA Group store visits increased 7.7% over FY14.

978 suppliers

In FY15, the IKEA Group had 978 home furnishing suppliers in 50 countries.

The IKEA Group of companies (INGKA Holding B.V. and its controlled entities) has an ownership structure that ensures independence and a long-term approach.

Stichting INGKA Foundation in the Netherlands is our owner, and its funds can be used in only two ways: it can be reinvested in the IKEA Group or donated for charitable purposes through the Stichting IKEA Foundation.

INGKA Holding B.V. is the parent company of the IKEA Group, located in Leiden, Netherlands. As per 31st August 2016, its Supervisory Board consists of: Lars-Johan Jarnheimer (Chairman); Stina Honkamaa Bergfors; Tore Bertilsson; Luisa Delgado; Jonas Kamprad; Göran Lindahl; and Lone Fønss Schrøder. Ingvar Kamprad, the founder of IKEA, is senior advisor to the Supervisory Board. The IKEA Group is led by its President and CEO, Peter Agnefjäll, together with Group Management.

The IKEA Group operates IKEA stores under franchise agreements with Inter IKEA Systems B.V., the owner of the IKEA Concept and the worldwide IKEA franchisor. Inter IKEA Systems B.V. is based in the Netherlands and owned by the Inter IKEA Group. Inter IKEA Group and IKEA Group are two separate groups of companies with different management and different owners.

The IKEA Group of companies

Ingvar Kamprad, Senior Advisor & Founder“I decided that the stock market was not an option for IKEA. I knew that only a long-term perspective could secure our growth plans and I didn’t want IKEA to be become dependent on financial institutions.”

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